Gray TelevisionGTN
GTN
About: Gray Media Inc is a multimedia company. The company owns and operates local television stations and digital assets. It also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with digital products and services. Its additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios.
Employees: 9,502
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
41% more capital invested
Capital invested by funds: $207M [Q4 2024] → $292M (+$84.6M) [Q1 2025]
21% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 38
20% more call options, than puts
Call options by funds: $665K | Put options by funds: $552K
3% more funds holding
Funds holding: 199 [Q4 2024] → 205 (+6) [Q1 2025]
1.24% more ownership
Funds ownership: 72.36% [Q4 2024] → 73.6% (+1.24%) [Q1 2025]
3% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 62
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$4.50
17%
upside
Avg. target
$5.75
50%
upside
High target
$7
83%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Wells Fargo Steven Cahall | 17%upside $4.50 | Equal-Weight Maintained | 12 May 2025 |
Benchmark Daniel Kurnos | 83%upside $7 | Buy Maintained | 6 May 2025 |
Financial journalist opinion
Based on 9 articles about GTN published over the past 30 days
Positive
Zacks Investment Research
2 days ago
Is It Worth Investing in Gray Media (GTN) Based on Wall Street's Bullish Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Neutral
GlobeNewsWire
4 days ago
Gray Media Names Shalayna Valencia as General Manager of KOSA in Odessa, Texas
ATLANTA, June 10, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. has named Shalayna Valencia as the next General Manager and Director of Sales for KOSA, the CBS affiliate in Odessa, Texas.
Positive
Zacks Investment Research
1 week ago
Investors Heavily Search Gray Media Inc. (GTN): Here is What You Need to Know
Zacks.com users have recently been watching Gray Media (GTN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Positive
Seeking Alpha
1 week ago
Gray Media: Deep Value With Headcount Growth, And Debt Repurchases
Gray Media's headcount and asset growth signal strong future revenue and free cash flow expansion, supporting my bullish outlook. The company is undervalued, trading at just 1.45x 2026 EPS, with significant upside potential based on my financial model. GTN stands to benefit from potential U.S. tax cuts, while tariffs are unlikely to impact its business meaningfully.
Neutral
GlobeNewsWire
1 week ago
Gray Media Bolsters Broadcast Partnership with The New Orleans Saints
ATLANTA, June 04, 2025 (GLOBE NEWSWIRE) -- Gray Media, WVUE (New Orleans, Fox 8) and the Saints have entered into a five-year extension to their long-standing broadcast partnership through the conclusion of the 2029 NFL season. The extension kicks off with all three 2025 preseason games starting August 10, when the Saints travel to Los Angeles to take on the Chargers.
Neutral
GlobeNewsWire
1 week ago
WANF Expands its Commitment to Atlanta News First As an Independent Local Television Station in Gray Media's Home Market of Atlanta
ATLANTA, June 02, 2025 (GLOBE NEWSWIRE) -- On August 15, 2025, Gray Media's local television station WANF will end its 31-year affiliation with the CBS Network to begin a new chapter as an independent television station. Going forward, WANF will leverage its successful local news operation, complete control of its daily program schedule, and the resources of the locally based Gray Media to better serve the local community with on-air and online content throughout the day that is more responsive to the growing Atlanta metropolis.
Neutral
GlobeNewsWire
1 week ago
CBS and Gray Media Renew Affiliation Agreements for 52 Markets
NEW YORK and ATLANTA, June 02, 2025 (GLOBE NEWSWIRE) -- CBS, a subsidiary of Paramount Global, and Gray Media (“Gray”) announced today that they have entered into an agreement that renews 52 of Gray's existing 53 CBS network affiliations. As part of the agreement, the renewing CBS affiliates will continue to be available locally to subscribers on Paramount+ and widely distributed across all traditional and virtual MVPD platforms. Effective August 16, 2025, Gray's Atlanta station WANF will cease its affiliation with the CBS Network and thereafter operate an independent television station hyper-focused on the Atlanta market.
Neutral
GlobeNewsWire
2 weeks ago
RTDNA Awards 81 Regional Edward R. Murrow Awards to 38 Gray Television Stations
ATLANTA, May 30, 2025 (GLOBE NEWSWIRE) -- Gray Media announced today that the Radio Television Digital News Association (RTDNA) awarded a combined 81 regional Edward R. Murrow awards for excellence in journalism to 38 of Gray's local stations, led by 9 separate awards to WMTV in Madison, Wisconsin and 8 to WVUE in New Orleans, Louisiana. Among the highest honors:
Positive
Zacks Investment Research
2 weeks ago
Here is What to Know Beyond Why Gray Media Inc. (GTN) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Gray Media (GTN). This makes it worthwhile to examine what the stock has in store.
Neutral
GlobeNewsWire
1 month ago
Gray Media Announces Two General Manager Moves
ATLANTA, May 13, 2025 (GLOBE NEWSWIRE) -- Gray Media announced today the moves of two current General Managers to new markets. Gray has named Shannon Booth as the next General Manager of WOWT (NBC) in Omaha, Nebraska. She will succeed Jim McKernan, who is retiring on June 2 after a 44-year career in broadcasting. Jacque Harms will succeed Shannon as General Manager of Gray's KOLN (CBS) and KSNB (NBC) in Lincoln, Nebraska, and KNOP (NBC) and KNPL (CBS) in North Platte, Nebraska.
Charts implemented using Lightweight Charts™